Otworth Michael

SEC source: 0002001557-26-000169 · wk-form4_1789080292.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Member of Executive Committee

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,626,258

F1 · kind: The reported transaction reflects the voluntary forfeiture and cancellation of shares of common stock of Innventure, Inc. ("the Issuer") previously issued to the Reporting Person, as described in the August 19, 2026 letter to shareholders from the Issuer's Board of Directors. The transaction was not a sale by the Reporting Person, and the Reporting Person received no proceeds or other consideration in connection with the forfeiture.

SEC source: 0001628280-26-058332 · wk-form4_1787318256.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,781,087

F1 · price: The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $1.46 to $1.59 . The Reporting Person undertakes to provide to Innventure, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

SEC source: 0001628280-26-029489 · wk-form4_1777676433.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,550,087

F1 · date: This transaction is being reported late due to an administrative error.

F2 · price: Received in connection with the achievement of a milestone pursuant to the Business Combination Agreement (as amended and supplemented or otherwise modified), dated as of October 24, 2023, by and among Innventure, Inc. (the "Issuer") (f/k/a Learn SPAC HoldCo, Inc.), Learn CW Investment Corporation, Innventure LLC, a wholly-owned subsidiary of the Issuer, LCW Merger Sub, Inc., and Innventure Merger Sub, LLC.

SEC source: 0002001557-26-000073 · wk-form4_1775516829.xml · derivative · entry 2

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 85,795

Underlying: Common Stock · 85,795 shares

Expires 2036-04-02

F2 · derivative.exercise_date: The nonqualified stock options ("Stock Options"), exercisable solely in the Issuer's common stock, par value $0.0001 per share ("Common Stock") were granted by the Issuer to the Reporting Person on April 2, 2026 pursuant to the Plan. One-third of the shares of Common Stock underlying the Stock Options vest and become exercisable on April 2, 2027 and the remaining two-thirds of the shares of Common Stock underlying the Stock Options vest and become exercisable in eight substantially equal installments on each three-month anniversary thereafter, subject to the Reporting Person's continuous service to the Issuer until the applicable vesting date. The Stock Options were granted as a premium-price stock options. The $6.00 exercise price exceeds the $4.64 closing price of the Issuer's Common Stock on the grant date.

SEC source: 0002001557-26-000073 · wk-form4_1775516829.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,395,258

F1 · shares: The Restricted Stock Units were granted to the Reporting Person under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan (the "Plan"), and vest in three equal installments on April 2, 2027, April 2, 2028, and April 2, 2029, subject to the Reporting Person's continuous service to Innventure, Inc. (the Issuer") until the applicable vesting date.

SEC source: 0002001557-26-000043 · wk-form4_1772487785.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,274,030

F1 · shares: Shares withheld to cover tax withholding obligations in connection with vesting of restricted stock units.

SEC source: 0002001557-25-000030 · wk-form4_1764797484.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,492,607

F1 · balance_after: The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $4.97 to $5.12, inclusive. The Reporting Person undertakes to provide to Innventure, Inc., any security holder of Innventure, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

SEC source: 0001140361-25-016035 · form4.xml · derivative · entry 2

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 228,322 shares

Expires 2030-03-24

F1 · derivative.exercise_price: On April 24, 2025, the reporting person converted 114,161 shares of Series C preferred stock, par value $0.0001 per share ("Series C Preferred Stock"), at the Series C conversion rate of 2.00, resulting in the issuance to the reporting person of 228,322 shares of Innventure, Inc. (the "Issuer") common stock, par value $0.0001 per share ("Common Stock"). The Series C Preferred Stock of the Issuer is convertible into a number of shares of Common Stock equal to the Series C conversion rate, which is a fraction whose numerator is $10.00, and whose denominator is the lesser of (i) the Reset Conversion Price and (ii) $12.50, multiplied by the number of shares of Series C Preferred Stock held by such holder. The Reset Conversion Price is the greater of (i) $5.00 and (ii) the 10-trading day volume-weighted average Nasdaq Stock Market official closing price of the Common Stock, and, on April 24, 2025, the Reset Conversion Price was $5.00.

F1 · kind: On April 24, 2025, the reporting person converted 114,161 shares of Series C preferred stock, par value $0.0001 per share ("Series C Preferred Stock"), at the Series C conversion rate of 2.00, resulting in the issuance to the reporting person of 228,322 shares of Innventure, Inc. (the "Issuer") common stock, par value $0.0001 per share ("Common Stock"). The Series C Preferred Stock of the Issuer is convertible into a number of shares of Common Stock equal to the Series C conversion rate, which is a fraction whose numerator is $10.00, and whose denominator is the lesser of (i) the Reset Conversion Price and (ii) $12.50, multiplied by the number of shares of Series C Preferred Stock held by such holder. The Reset Conversion Price is the greater of (i) $5.00 and (ii) the 10-trading day volume-weighted average Nasdaq Stock Market official closing price of the Common Stock, and, on April 24, 2025, the Reset Conversion Price was $5.00.

F1 · price: On April 24, 2025, the reporting person converted 114,161 shares of Series C preferred stock, par value $0.0001 per share ("Series C Preferred Stock"), at the Series C conversion rate of 2.00, resulting in the issuance to the reporting person of 228,322 shares of Innventure, Inc. (the "Issuer") common stock, par value $0.0001 per share ("Common Stock"). The Series C Preferred Stock of the Issuer is convertible into a number of shares of Common Stock equal to the Series C conversion rate, which is a fraction whose numerator is $10.00, and whose denominator is the lesser of (i) the Reset Conversion Price and (ii) $12.50, multiplied by the number of shares of Series C Preferred Stock held by such holder. The Reset Conversion Price is the greater of (i) $5.00 and (ii) the 10-trading day volume-weighted average Nasdaq Stock Market official closing price of the Common Stock, and, on April 24, 2025, the Reset Conversion Price was $5.00.

SEC source: 0001140361-25-016035 · form4.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,480,607

F1 · kind: On April 24, 2025, the reporting person converted 114,161 shares of Series C preferred stock, par value $0.0001 per share ("Series C Preferred Stock"), at the Series C conversion rate of 2.00, resulting in the issuance to the reporting person of 228,322 shares of Innventure, Inc. (the "Issuer") common stock, par value $0.0001 per share ("Common Stock"). The Series C Preferred Stock of the Issuer is convertible into a number of shares of Common Stock equal to the Series C conversion rate, which is a fraction whose numerator is $10.00, and whose denominator is the lesser of (i) the Reset Conversion Price and (ii) $12.50, multiplied by the number of shares of Series C Preferred Stock held by such holder. The Reset Conversion Price is the greater of (i) $5.00 and (ii) the 10-trading day volume-weighted average Nasdaq Stock Market official closing price of the Common Stock, and, on April 24, 2025, the Reset Conversion Price was $5.00.

F1 · price: On April 24, 2025, the reporting person converted 114,161 shares of Series C preferred stock, par value $0.0001 per share ("Series C Preferred Stock"), at the Series C conversion rate of 2.00, resulting in the issuance to the reporting person of 228,322 shares of Innventure, Inc. (the "Issuer") common stock, par value $0.0001 per share ("Common Stock"). The Series C Preferred Stock of the Issuer is convertible into a number of shares of Common Stock equal to the Series C conversion rate, which is a fraction whose numerator is $10.00, and whose denominator is the lesser of (i) the Reset Conversion Price and (ii) $12.50, multiplied by the number of shares of Series C Preferred Stock held by such holder. The Reset Conversion Price is the greater of (i) $5.00 and (ii) the 10-trading day volume-weighted average Nasdaq Stock Market official closing price of the Common Stock, and, on April 24, 2025, the Reset Conversion Price was $5.00.

SEC source: 0001140361-25-015432 · form4.xml · derivative · entry 5

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 114,161

Underlying: Common Stock · 91,329 shares

Expires 2030-03-24

F4 · derivative.exercise_price: The Series C Preferred Stock, par value $0.0001 per share ("Series C Preferred Stock") of the Issuer is convertible into a number of shares of Common Stock equal to the Series C conversion rate, which is a fraction whose numerator is $10.00, and whose denominator is the lesser of (i) the Reset Conversion Price and (ii) $12.50, multiplied by the number of shares of Series C Preferred Stock held by such holder. The Reset Conversion Price is the greater of (i) $5.00 and (ii) the 10-trading day volume-weighted average Nasdaq Stock Market official closing price of the Common Stock.

F6 · price: The shares of Series C Preferred Stock were issued for no additional payment in satisfaction of a loan made to Innventure LLC by the Reporting Person. The Reporting Person also received a cash payment of $180,042 from the Issuer in satisfaction of the loan.

F5 · derivative.exercise_date: Holders of Series C Preferred Stock may convert all of their shares of Series C Preferred Stock into shares of Common Stock upon the effectiveness of a registration statement filed with the SEC under the Securities Act of 1933, as amended, covering the resale of the shares of Common Stock issuable upon conversion of shares of Series C Preferred Stock.

SEC source: 0001140361-25-015432 · form4.xml · nonDerivative · entry 4

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,252,285

F3 · kind: On February 13, 2025, Innventure1 effected a pro rata distribution (the "Distribution") of all of the shares of the common stock, par value $0.0001 per share ("Common Stock") of the Issuer held by it, which were previously reported as indirectly attributable to the Reporting Person as a result of the Reporting Person having shared voting and investment power in respect of Innventure1. Pursuant to the Distribution, (i) 7,126 shares of Common Stock were distributed to the Reporting Person and (ii) 51,207 shares of Common Stock were distributed to other members of Innventure1, which shares the Reporting Person has no pecuniary interest in.

SEC source: 0001140361-25-015432 · form4.xml · nonDerivative · entry 3

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 0

F3 · kind: On February 13, 2025, Innventure1 effected a pro rata distribution (the "Distribution") of all of the shares of the common stock, par value $0.0001 per share ("Common Stock") of the Issuer held by it, which were previously reported as indirectly attributable to the Reporting Person as a result of the Reporting Person having shared voting and investment power in respect of Innventure1. Pursuant to the Distribution, (i) 7,126 shares of Common Stock were distributed to the Reporting Person and (ii) 51,207 shares of Common Stock were distributed to other members of Innventure1, which shares the Reporting Person has no pecuniary interest in.

F3 · ownership.nature: On February 13, 2025, Innventure1 effected a pro rata distribution (the "Distribution") of all of the shares of the common stock, par value $0.0001 per share ("Common Stock") of the Issuer held by it, which were previously reported as indirectly attributable to the Reporting Person as a result of the Reporting Person having shared voting and investment power in respect of Innventure1. Pursuant to the Distribution, (i) 7,126 shares of Common Stock were distributed to the Reporting Person and (ii) 51,207 shares of Common Stock were distributed to other members of Innventure1, which shares the Reporting Person has no pecuniary interest in.

SEC source: 0001140361-25-015432 · form4.xml · nonDerivative · entry 2

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 58,333

F2 · price: Received in connection with the Milestone Achievement. These shares of Common Stock are held directly by Innventure1 LLC ("Innventure1"). The Reporting Person is a member of the board of directors of Innventure1 and, as such, shares voting and investment power over the securities held by Innventure1. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission that the Reporting Person is a beneficial owner of the securities reported in this filing for purposes of Section 16 of the Securities Exchange Act of 1934.

F2 · ownership.nature: Received in connection with the Milestone Achievement. These shares of Common Stock are held directly by Innventure1 LLC ("Innventure1"). The Reporting Person is a member of the board of directors of Innventure1 and, as such, shares voting and investment power over the securities held by Innventure1. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission that the Reporting Person is a beneficial owner of the securities reported in this filing for purposes of Section 16 of the Securities Exchange Act of 1934.

SEC source: 0001140361-25-015432 · form4.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,245,159

F1 · price: Received in connection with the achievement of a milestone pursuant to the Business Combination Agreement (as amended and supplemented or otherwise modified), dated as of October 24, 2023, by and among Innventure, Inc. (the "Issuer") (f/k/a Learn SPAC HoldCo, Inc.), Learn CW Investment Corporation, Innventure LLC, a wholly-owned subsidiary of the Issuer ("Innventure LLC"), LCW Merger Sub, Inc., and Innventure Merger Sub, LLC (the "Milestone Achievement").

SEC source: 0001140361-24-049049 · form4.xml · derivative · entry 3

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 262,295

Underlying: Common Stock · 262,295 shares

Expires 2034-12-09

F3 · derivative.exercise_date: The nonqualified stock options ("Stock Options"), exercisable solely in the Issuer's Common Stock granted by the Issuer to the Reporting Person on December 9, 2024 pursuant to the Innventure, Inc. 2024 Equity and Incentive Compensation Plan, vest and become exercisable on October 2, 2025, or, if earlier, on the same date that the lock-up set forth in the contractual lock-up agreement entered into by the Reporting Person on October 24, 2023 terminates pursuant to its terms, subject to the Reporting Person's continuous service to the Issuer until the applicable vesting date.

SEC source: 0001140361-24-049049 · form4.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,090,330

F1 · shares: Restricted Stock Units granted to the Reporting Person under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan, and vesting on October 2, 2025, or, if earlier, on the same date that the lock-up set forth in the contractual lock-up agreement entered into by the Reporting Person on October 24, 2023 terminates pursuant to its terms, subject to the Reporting Person's continuous service to the Issuer until the applicable vesting date.

SEC source: 0001847082-22-000007 · wf-form4_165758641424446.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,432,505

SEC source: 0001847082-22-000005 · wf-form4_164789605949919.xml · derivative · entry 2

Otworth Michael · CIK 0001847082 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,428

Underlying: Common Stock · 71,428 shares

Expires not disclosed

F2 · price: The securities reported in this Form 4 were acquired in the PIPE Offering in a combination of one share of the Company's common stock, par value $0.001 per share ("Common Stock"), and an accompanying one-half of one warrant to purchase one share of Common Stock (the "Warrants"), at a combined price of $7.00. The Warrants will expire on the earlier of (i) March 17, 2026 and (ii) the date fixed for redemption of the Warrants.

F2 · derivative.expiration_date: The securities reported in this Form 4 were acquired in the PIPE Offering in a combination of one share of the Company's common stock, par value $0.001 per share ("Common Stock"), and an accompanying one-half of one warrant to purchase one share of Common Stock (the "Warrants"), at a combined price of $7.00. The Warrants will expire on the earlier of (i) March 17, 2026 and (ii) the date fixed for redemption of the Warrants.

SEC source: 0001847082-22-000005 · wf-form4_164789605949919.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,436,852

F1 · shares: Represents shares purchased by the Reporting Person in connection with a $250 million private placement transaction consummated on March 17, 2022 (the "PIPE Offering") by PureCycle Technologies, Inc. (the "Company").

SEC source: 0001847082-22-000003 · wf-form4_164643173653892.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,293,996

F1 · shares: The restricted stock units were granted as part of the Company's 2021 long-term incentive plan grant cycle and are subject to vesting over four years with one quarter, rounded down to the nearest whole share of stock, vesting in each of the four periods.

SEC source: 0001847082-21-000003 · wf-form4_162613814547652.xml · nonDerivative · entry 2

Otworth Michael · CIK 0001847082 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,067,105

F2 · shares: The shares of common stock were issued as a one-time award to each employee in recognition of the Company's being listed on the NASDAQ Exchange. The shares vest immediately upon grant.

SEC source: 0001847082-21-000003 · wf-form4_162613814547652.xml · nonDerivative · entry 1

Otworth Michael · CIK 0001847082 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,067,005

F1 · shares: The restricted stock units were granted as part of the Company's 2021 long-term incentive plan grant cycle and are subject to vesting over four years with one quarter, rounded down to the nearest whole share of stock, vesting in each of the four periods.